• Sourcewiz

  Participated · Series A · Jul 2022

  Sourcewiz (Oritur Technologies Pvt. Ltd.) is a New Delhi–based SaaS platform that digitizes operations for exporters and export factories. Founded in July 2021 by Makkar, Vikas Garg and Mayur Bhangale, the company offers tools that help exporters cater to more buyers, increase sales conversion rates, and reduce sampling costs. The platform focuses on factory enablement and B2B digitization across key export hubs. Sourcewiz currently has a presence in four export hubs—Delhi, Panipat, Moradabad, and Jaipur—and is seeing demand from Pakistan and Bangladesh. With the new funding, the company plans to expand its team to over ten hubs across the sub-continent and deepen its customer offering. Planned product expansions include helping customers access new demand channels and automating procurement and payments, along with adding digital payments, online financing, and tech-driven logistics. Sourcewiz has built a SaaS platform to digitalize exporters' operations, helping them cater to more buyers, increase sales conversion rates, and reduce sampling costs. The company was founded in 2021 by Divyaanshu Makkar, Vikas Garg, and Mayur Bhangale. Its product suite currently focuses on operational workflows for exporters in India. Sourcewiz plans to expand its offerings to include digital payments, online financing, and tech-driven logistics. The company is focused on India today with planned expansion into Asian markets such as Bangladesh, Indonesia, and Vietnam. The fresh capital will be used to grow engineering, product management, sales, and customer success teams.

• Lemme Be

  Led · Series A · Jun 2022

  Lemme Be is a period care brand focused on sustainable products and engaging directly with menstruators to curate solutions and create a safe space for sharing period journeys. The company says the period-care category in India lacks research, open conversation and habit shifts toward sustainable options, and positions its products and community work to address those gaps. Management plans to use funding to expand internationally to Dubai, the US and Australia, and to invest in research and new product development. The startup will also increase marketing spend and build a larger team to support channels. Lemme Be targets to close the financial year with a turnover of ₹30 crore and says it expects to break even at scale within the next 12 months. The company is led by CEO and Founder Devidutta Dash, with Vinod Abrol serving as COO and CFO. Lemme Be is a period-care brand that commenced operations in 2020 and is headquartered in Hyderabad. Its core product lineup includes pads, tampons, pantyliners, menstrual cups and its Z-disc — a period-care disc that provides up to 12 hours of protection. Products are sold online via the company website and major e-commerce platforms including Amazon, Flipkart, Myntra, Nykaa, Snapdeal and Meesho. The company reports rapid growth of 100% month-on-month and has expanded its team from six to over 35 employees. Lemme Be positions itself as an all-inclusive, Gen Z-focused brand prioritizing affordable, sustainable and comfortable period-care solutions, and says its range is expanding. Leadership highlighted investor support in the Seed round and signaled continued product and brand expansion ahead.

• Skyroot Aerospace

  Participated · Equity · Jan 2022

  Skyroot Aerospace is a privately held Indian spacetech company that was valued at $1.1 billion following a nearly $60 million funding round. The financing elevated Skyroot to the status of India's first private spacetech unicorn. Public reporting around the raise focuses on the milestone and valuation. The articles do not provide detailed operating metrics such as revenue, users, or past financing history. Additional product, operational, or financial details were not included in the cited coverage.

• Verofax Limited

  Participated · Series A · Jan 2022

  Verofax is an Abu Dhabi, UAE-based Web3 services company that applies patented Web3 technologies—blockchain, augmented reality and artificial intelligence—to provide elevated tourist, shopper and brand marketing experiences. Its core product combines AI-powered guides, AR experiences and blockchain-enabled engagement to turn destinations, retailers and sports stadiums interactive and drive conversion and social virality. The company leverages gamification and direct brand-to-customer engagement to increase consumer intimacy and measurable results from AI and AR experiences. Verofax serves retail, tourism and sports sectors and is used by brands such as Anheuser Busch Inc and Emirates Airlines. Led by CEO Wassim Merheby, it raised $3M in bridge funding to execute a pipeline of projects across the Middle East and EU, including AI-powered guides in the GCC and sports fan guides in the EU and North America. The funding is intended to support commercialization and deployment of its solutions across venues and brands. Verofax provides asset digitization and 'Traceability as a Service' using patented technology that incorporates blockchain, augmented reality and artificial intelligence. Its platform enables brands to turn offline products interactive, manage supply chains, fend off counterfeit activity and improve manufacturers' productivity. Brands can extend reach directly to end consumers, increase consumer intimacy through direct engagement, and leverage NFTs and metaverse experiences. The company's solutions target industries such as retail and CPG and are already used by leading brands including Anheuser Busch Inc. Verofax is a Microsoft Gold partner, has a global network of distributors and resellers, and co-sells on enterprise platforms including Microsoft Appsource, Amazon AWS and Ant Group Antchain. Led by CEO Wassim Merheby, Verofax closed a $1.5M pre-Series A round and plans to use the funds to expand global sales and marketing ahead of a planned Series A later in 2022. Verofax provides an automation and traceability platform that enables Item ID serialization, traceability, and transaction certification on a private blockchain to prevent counterfeiting, boost manufacturer-consumer engagement, and increase staff productivity through data insights. Founded in 2018 and led by Wassim Merheby and Jamil Zablah, the company is headquartered in Abu Dhabi and also maintains an office in Kuala Lumpur. Verofax has established partnerships with a sustainable retailer in Asia and set up joint ventures across Asia, Africa and the GCC. It has been approved as a co-sell partner by Microsoft, Oracle and AntGroup. The company secured $1.2M in seed funding and intends to use the proceeds to serve its pipeline of projects, launch a marketing campaign targeting the food, healthcare and apparel industries, and hire 20 additional team members, mainly software developers and business development managers.

• Router Protocol

  Participated · Equity · Dec 2021

  Router Protocol is a modular cross-chain framework and bridge launched in 2022 on Polygon and BSC that enables interoperable applications across blockchain ecosystems. Its core product includes the Router Nitro cross-chain bridge, which uses a reverse-verification method to improve speed and gas efficiency. Since launch, Nitro has processed over $350 million in volume, handled more than 650,000 transactions, and attracted nearly 300,000 unique users within four months. Router Protocol said it closed an oversubscribed funding round that raised more than expected funds, though the company did not disclose the amount or instrument details. Proceeds from the raise will be deployed to build a fully operational Layer 1 blockchain called Router Chain, allowing the project to break away from the Binance and Polygon ecosystems. The team plans an Ecosystem Grant for projects building on Router Chain, and projects such as FolioX and StakeEase have already adopted Router’s cross-chain capabilities, according to CTO Shubham Singh. Router Protocol offers cross‑chain infrastructure that lets developers move liquidity across multiple blockchains and operates Dfyn, a decentralized exchange built on Polygon. The firm positions its tech as connectivity infrastructure to link proliferating layer‑1 and layer‑2 networks. Trading is currently the most popular use case on the platform, and the team expects broader cross‑chain use cases — borrowing, lending and cross‑chain governance — to grow. Router plans to deploy the new capital to scale product offerings and to invest in multiple security audits. The company was founded last year and is headquartered in Singapore. Financially, Router previously raised a $485,000 seed round last year and has now completed a strategic funding round.

No current team members are available.